Structure:
1. New European rules, he says, willopen the door to
a host of innovative servicesthat analyse transactions, so"an app could tell you there's a cheaper mortgage available and start theswitching process for you.
2.technology-driven disruption
3.mount a challenge
4.Providedthe customercustomer hasgiven explicit consent, banks will be forced to share customer-accountinformation with licensed financial-services providers.
5.Security for payments above 30($32) will betightened up, with customers having to provide two pieces of secretinformation("strong authentication") to wave through a transaction.
加强
6.rock-bottom interest rates
7. a handy source of
8.be manifested as
9.perfect on paper
10.water down:稀释
11.bared their teeth
12.team up： 合作
Vocabulary:
1.mortgage:抵押
2.predetermined:业已决定的
3.overdraw:透支
4.dire:极端的
5.incumbent：企业
6.cumbersome：笨重的明确的
7.explicit:明确的
8.legitimate:
9.fraud:欺骗
10.confrontation:
